Ethereum has surged to a new high of $3,750 in 2025, driven by strong institutional inflows and a period of consolidation.

On July 19, 2025, Ethereum's price jumped 10% to $3,600, fueled by significant investment in U.S.-listed spot ETFs, with nearly $717 million inflowing in a single day.

Analysts report large transfers of ETH into self-custody and institutional holdings, indicating bullish sentiment and confidence in Ethereum's future growth.

Public companies like SharpLink Gaming and BitMine Immersion Technologies are adding Ethereum to their balance sheets, reflecting institutional trust.

Technical indicators, including the 50-day EMA being $400 above the 200-day EMA, confirm an ongoing uptrend.

The Relative Strength Index has decreased from 80 to 74, suggesting reduced overbought pressure while maintaining bullish momentum.

The amount of Ether held on major exchanges has dropped to an all-time low, indicating a supply shock as more ETH is stored in private wallets or corporate treasuries.

A shift of capital from Bitcoin to Ethereum is occurring, with Ethereum's market dominance increasing by nearly 2%, highlighting its rising appeal among traders.

While the rally is strong, its sustainability depends on continued ETF demand, corporate accumulation, and tight supply, with some analysts predicting Ethereum could reach $4,000 or even $5,000.

The next Fibonacci extension target for Ethereum is around $4,150, aligning with the psychological $4,000 level, and some analysts speculate it could hit $10,000 by the end of 2025.

The recent price surge has resulted in over $136 million in short liquidations in a single day, reflecting investor reactions to the bullish trend.

Upcoming developments like Aave's Q3 V4 launch, which integrates liquidity across 34 networks and reduces borrowing costs, are generating significant interest, with open interest surpassing $1.44 billion.